Our funding comes from 3 main sources – government grants, business rates and council tax from residents.
Government grants help to fund services such as schools, adult education, Public Health and benefit payments.
Alongside this, we have nearly £300m to spend from business rates and council tax we collect each year.
But since 2010, the real-term funding we have received overall has reduced by about £100m a year – but demand for nearly all the services we provide has gone up.
For example, 14 years ago we spent 52% of our net budget in three areas - social care for adults and children and housing and homelessness.
Today, 80% of this budget is spent in these areas – meaning we now have about 20% left to pay for all the other services.
These includes bin collections, libraries, street cleaning, parks, sports and leisure, street lighting and cultural and community events.
It means we have to constantly rethink how we can maintain services every year, even when our funding is reduced.
Our top priority is helping keep Coventry a place we all love. That's why we're always working for you.